Total Value Locked$206.89m
TVL by Chain
Arbitrum$197.73m
Avalanche$8.54m
MegaETH$615,810.44
Botanix$0
Key Metrics
Fees (Annualized)$31.31m
Fees 30d$1.82m
Arbitrum$1.74m
Avalanche$74,848
Fees 7d$597,422
Arbitrum$574,625
Avalanche$22,797
Fees 24h$51,204
Arbitrum$45,444
Avalanche$5,760
Cumulative Fees$162.41m
Arbitrum$151.81m
Avalanche$10.6m
Revenue (Annualized)$11.59m
Revenue 30d$673,036
Arbitrum$645,343
Avalanche$27,693
Revenue 7d$221,047
Arbitrum$212,611
Avalanche$8,436
Revenue 24h$18,945
Arbitrum$16,814
Avalanche$2,131
Cumulative Revenue$60.09m
Arbitrum$56.17m
Avalanche$3.92m
Holders Revenue (Annualized)$8.45m
Holders Revenue 30d$491,137
Arbitrum$470,928
Avalanche$20,209
Holders Revenue 7d$161,305
Arbitrum$155,150
Avalanche$6,155
Holders Revenue 24h$13,825
Arbitrum$12,270
Avalanche$1,555
Cumulative Holders Revenue$43.85m
Arbitrum$40.99m
Avalanche$2.86m
Perp Volume 30d$2.531b
Perp Volume 30d by chain
Arbitrum$2.445b
Avalanche$84.89m
MegaETH$289,737
Perp Volume 7d$786.49m
Arbitrum$766.91m
Avalanche$19.44m
MegaETH$138,624
Perp Volume 24h$58.18m
Arbitrum$54.13m
Avalanche$4.04m
MegaETH$258
Cumulative Perp Volume$187.953b
Arbitrum$180.687b
Avalanche$7.234b
MegaETH$26.75m
Botanix$6.04m
$74.2m
$GMX Liquidity$13.64m
Uniswap V3$13.44m
Camelot V3$204,754
Protocol Information
GMX is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades. Trading is supported by a unique multi-asset pool that earns liquidity providers fees from market making, swap fees, leverage trading (spreads, funding fees & liquidations) and asset rebalancing.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fees from opening/closing perpetual positions, swap fees, liquidation fees, and borrowing feesView code on GitHubRevenue: 37% of all collected fees - split between protocol treasury (10%) and GMX token holders (27%)View code on GitHubHolders Revenue: 27% of all fees goes to GMX token stakersView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubYields
Pools Tracked135
Average Supply APY8.88%
Competitors
Frequently Asked Questions
What is GMX V2 Perps' TVL?
GMX V2 Perps currently has $206.89m in total value locked. TVL has increased 18.1% over the past 30 days.
What chains does GMX V2 Perps operate on?
GMX V2 Perps operates on 4 chains: Botanix, MegaETH, Avalanche, and Arbitrum. Arbitrum holds the largest share at 95.6%.
How much has GMX V2 Perps generated in fees and revenue?
Over the past 30 days, GMX V2 Perps generated $1.82m in fees. Of that, $673,036 was protocol revenue. Based on the trailing year, the annualized rate is $31.31m in fees and $11.59m in revenue.
How does GMX V2 Perps' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, GMX V2 Perps ranks #2 by TVL. The category holds $2.078b across 419 protocols, and GMX V2 Perps accounts for 10% of that total. Other leading protocols include MUX Perps, Gains Network, Contango V2, GMX V1 Perps, ApeX Pro, Jarvis Network, Voltz, Aboard Exchange, Vertex Perps, and RubyDex.
How much perpetual futures volume does GMX V2 Perps process?
GMX V2 Perps processed $2.531b in perpetual futures volume over the past 30 days.

